Nacha News

Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

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Nacha Government Relations Update – Feb. 20, 2020

Congress Recognizes Nacha
Nacha was acknowledged in the Congressional Record for being one of the best places to work. The proclamation by Reps Connolly and Wexton called out Nacha as an employer and the tremendous value of the ACH Network.

Varo Moves Closer to Bank Charter
The FDIC has approved Varo Money’s application for deposit insurance, putting it on the brink of becoming the first financial technology company to obtain a national bank charter. The OCC previously gave preliminary approval in 2018 to a charter, which has rebranded itself as Varo Bank. Varo will now wait to receive final approval from the OCC to receive a full bank charter.

Legislative Calendars for 2020
House 2020 Calendar
Senate 2020 Calendar

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